Emerging Markets Finance Headlines Mauritania Morocco

Moroccan stock exchange, Mauritania’s central bank team up to set up stock market in Nouakchott

Mauritania’s central bank has picked Casablanca stock exchange as a partner to help it set up the country’s first stock market in Nouakchott. This breakthrough agreement is in line with the momentum ushered by King Mohammed VI and president Mohamed Ould El-Ghazouani in favor of promoting cooperation between the two countries. The opening of Mauritania’s […]

Business Emerging Markets Headlines Mauritania Morocco

Moroccan-Mauritanian partnership cuts watermelon prices in half in Nouakchott

An agricultural partnership between Moroccan and Mauritanian private producers is yielding significant benefits for consumers in Nouakchott, as locally grown “Moroccan watermelons” flood the market at dramatically reduced prices. The cooperation, established during the joint commission meeting between the two countries in February 2024, has enabled Moroccan watermelon varieties to be cultivated in Mauritania’s Rosso […]

Africa Business Emerging Markets Headlines International Mauritania Morocco

Royal Air Maroc, Mauritania Airlines sign codeshare agreement, increase their weekly flights

Morocco’s air carrier, Royal Air Maroc, and Mauritania Airlines signed a Memorandum of Understanding (MoU) and a “free flow” codeshare agreement for the direct Casablanca-Nouakchott air route. This strategic agreement, initialled in Casablanca on Friday, is part of both airlines’ ongoing efforts to enhance their customers’ experience, as it will allow passengers to benefit from […]

Emerging Markets Finance Headlines Mauritania

World Bank approves $82.5 million funding to boost Mauritania’s energy and mineral resources

The World Bank approved the “DREAM” project, a major initiative aimed at supporting the development of energy resources and the mineral sector in Mauritania. With a funding of $82.5 million, the project is set to enhance the country’s energy infrastructure by developing electricity storage systems, advancing battery technology, and fostering the growth of green hydrogen. […]

Emerging Markets Headlines Mauritania Morocco

Moroccan-Mauritanian ties going through their best era in recent years – Mauritania’s FM

Relations between Mauritania and Morocco “are going through their best era” in recent years, Mauritania’s Minister of Foreign Affairs, Mohamed Salem Ould Merzoug, said on Wednesday in Rabat. Speaking to the media following talks with his Moroccan peer Nasser Bourita, Mauritania’s head of diplomacy said that the important meeting between Mauritanian President Mohamed Ould Cheikh […]

Africa International Mauritania

Mauritania: Migrants facing deportation attack police station in Gogui

Mauritania has experienced heightened tensions after a group of migrants facing deportation launched an attack on a Police station in Gogui, a border area between Mauritania and Mali. Over the week-end, the migrants threw stones at the Police post before setting it on fire. This violent incident is part of a broader crackdown on irregular […]

Africa Headlines International Mauritania Morocco

FIFA launches in Mauritania First Talent Academy in Africa

FIFA has officially inaugurated on February 25 its first-ever Talent Academy in Africa, located in Nouakchott, Mauritania, with the aim of unearthing football talents and fostering the development of the sport in the country. The academy, based at the headquarters of the Mauritania Football Federation (FFRIM), highlights the nation’s growing prominence in global football and […]

Headlines Mauritania

Mauritania: Former President Mohamed Ould Abdel Aziz Faces 20-Year Prison Sentence for Corruption

In a high-profile corruption trial in Mauritania, prosecutors have requested on Monday February 24 a 20-year prison sentence for former President Mohamed Ould Abdel Aziz. The charges stem from his abuse of power while in office, which allegedly allowed him to accumulate vast personal wealth. The prosecutor, Magistrate Sidi Mohamed Ould Di Ould Moulay, accused […]

Business Emerging Markets Headlines Mauritania Morocco

Mauritania grants Moroccan professional drivers three-month multiple-entry visa

The Mauritanian authorities have convened to grant a multiple-entry visa valid for three months to Moroccan professional drivers operating in international road transport between Morocco and Mauritania, or between Morocco and West African and Sahel countries via Mauritanian territory, the Moroccan Embassy in Nouakchott announced. The competent Mauritanian authorities have responded favorably to Moroccan drivers’ […]

Americas Asia Business Emerging Markets Headlines International Mauritania

Mauritania cancels Chinese patrol boats deal amid U.S. sanctions pressure

The Mauritanian Government cancelled a contract with a subsidiary of the Chinese state-owned conglomerate Poly Group for the sale of patrol boats, following mounting pressure from the United States, according to a report by Africa Intelligence. The subsidiary, Poly Technologies, has been sanctioned by the U.S. Treasury Department for its alleged support of Russia’s war […]